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What is an ETF?
If you have been asking yourself what is an ETF and should I be investing in one, here’s the low-down to help you decide… An ETF is an Exchange Traded Fund. They were first introduced in 1993, and since then have been proven immensely popular amongst investors looking...
How Does Politics Affect the Forex Market?
Politics is listed as one of the significant forces affecting the Forex market. In fact, Forex experts say that the relationship between politics and major currency movements is now stronger than that between the market and economics. HSBC’s Forex team indicated in a...
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SpaceX dives 12% after AI spending surge rattles investors
SpaceX shares declined 12% after the company reported a sixfold jump in capital expenditures to $18.4 billion, driven primarily by AI spending that concerned investors despite beating revenue expectations.
AMD plummets 8% in premarket trading despite beating expectations
AMD stock fell 8.7% in premarket trading despite reporting second-quarter revenue of $11.54 billion, exceeding analyst expectations, as investor sentiment toward the chipmaker cooled.
Kenya’s stock exchange plans East Africa’s first AI-focused ETF
Kenya’s Nairobi Securities Exchange plans to launch East Africa’s first AI-focused ETF before year-end, offering local investors easier access to artificial intelligence stocks.
Oil prices rebound after Houthis say they attacked Saudi tanker
Oil prices rose after Houthi rebels claimed to attack a Saudi oil tanker in the Red Sea, reversing gains from earlier peace talk optimism that had driven prices down.
CVS raises annual profit forecast on improved drug revenues
CVS Health raised its 2026 adjusted profit per share forecast to $7.90-$8.10 from $7.30-$7.50, citing strong pharmacy drug revenues and government health plan bonus payments.
Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly topped second-quarter earnings and revenue estimates while raising its full-year guidance, driven by strong sales of its weight-loss drug Zepbound and diabetes treatment Mounjaro.
Tariff refund drives Q2 profit at Delta Galil
Delta Galil’s second-quarter sales rose 9% to $511.6m, with net income increasing to $34.4m, boosted by tariff refunds and strong operational performance.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Clear Street, a fintech prime brokerage, is launching a platform enabling accredited investors to purchase interests in private companies before their public debuts, beginning with AI software firm Databricks valued at $188 billion.
Thai Union ups forecasts after “strong” Q2
Thai Union raised its full-year sales forecast to 4-6% growth from 3-4% previously, citing strong second-quarter results with record gross margins and expanding volumes across key segments.
Loews Reports Higher Second-Quarter Profit as Revenue Continues to Grow
Loews Corporation reported second-quarter net income of $444 million, up from $391 million a year earlier, as its insurance, pipeline and hospitality divisions all posted improved results.
Easterly Government Properties Tops Second-Quarter Forecasts and Lifts Full-Year Outlook
Easterly Government Properties exceeded second-quarter earnings expectations and raised full-year 2026 guidance, with adjusted earnings of $0.78 per share and revenue of $92.42 million.
Soybeans Falling on Monday Morning
Soybean futures declined Monday morning, trading 8 to 9 cents lower, while recent Chinese purchases of US soybeans were reported over the weekend.